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The progress bar for the Dogecoin ETF has moved forward again! 21Shares has just amended its Dogecoin ETF application with the SEC, not only confirming the fee details but also revealing a bunch of key information—looks like the spot Dogecoin ETF is on track to complete the “Big Three” lineup this month, and DOGE’s price is already surging!
21Shares Amends ETF Application: Fees and Custodian Finalized
According to SEC filings, 21Shares has made its fifth amendment to the S-1 form, with the most crucial update being the management fee set at 0.50%! The fee is accrued daily and paid weekly in Dogecoin, which is quite a “crypto-native” approach~
However, there’s no mention yet of any fee waivers, which may be announced before the official launch. Additionally, the filing still includes a delayed amendment, to take effect following the submission of Item 8(a).